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USD/JPY lifts above 154 again as European stocks advance in early trading
The European stock markets are just now rebounding off the earlier session lows and that has now seen the CAC 40 lift above 7,460. The DAX is pressing towards the 18,300 handle and the FTSE is above 8,230. At the same time, the USD/JPY is pushing back above 154 and has jumped in recent trading. The driver behind this move is not clear, but it does also tie in with gains in the US equity futures playing out right now too. The high seen in the USD/JPY yesterday was set at 154.32. The dollar has just now lifted above 154.10 and so it is within clear sight of that prior rebound high. The USD/JPY is currently trading at 154.08
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